Ag/Beef

$126.7 Billion in Direct output, 1.94 Million Jobs

 

In 2009, agriculture and natural resource industries collectively generated over 1.94 million jobs in the state, $126.7 billion in direct output (revenues), $107 billion in value added contributions, and $11.8 billion in business taxes to state, local and federal governments.2 These industries span the market chain, including commodity production, supporting services and food distribution to consumers (figure 1).

 

Due to Florida’s subtropical climate, the specialized nature of its agriculture, and access to international ports, exports from Florida to domestic and international markets account for almost $50 billion in revenues. As globalization continues to increase the level of market competition, as well as the influx of invasive pests and diseases, greater demands will be made on the research and extension system to maintain the gains made in agricultural productivity and to develop new technologies that can further increase competitiveness.

 

Additional information can be found at http://www.ifas.ufl.edu/economicimpacts.html